Van and truck registrations show tenuous growth 06 March 2015

Commercial vehicle registrations grew 19.5% overall in February, with 40,491 vehicles registered year to date, according to latest figures released by the SMMT (Society of Motor Manufacturers and Traders).

Truck registrations continued to rise (up 31.7% in February and 35.3% year to date), with SMMT chief executive Mike Hawes suggesting that demand among operators is now seeing a steady return to form, and leading to an "impressive performance".

That said, the rolling year picture is far less impressive, with a near 22% decline recorded against the previous 12 months, with 4x2 tractors particularly badly hit along with rigids from 6 to 16 tonnes.

Nevertheless, sustained strong performance from the van market, which rose by 19.5% in the month, also bolstered the picture of returning health.

"The truck market posted a second month of growth in February, with volumes up by more than a third so far this year," comments Hawes.

"While it might be too early to claim a full recovery, it appears to be on the right track," he continues.

And he adds: "The van market continues to expand, posting a tenth consecutive month of increases as improving confidence among SMEs and consumers takes effect."

As for winners and losers, in the truck market over 6 tonnes, DAF retains its top spot, with 504 sold in the month, followed by Mercedes-Benz, Scania, Volvo, Iveco, Renault and MAN in descending order.

From 3.5—6 tonnes, Ford keeps its the top spot, followed by Mercedes, Fiat, Peugeot, Iveco and VW.

Brian Tinham

Related Companies
SMMT Industry Forum
Society of Motor Manufacturers and Traders Ltd

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